Blackstone, promoter of Mphasis, divested a 15.08% stake in the IT and consulting firm for ₹6,735 crore through an open market transaction on the NSE.
HFCL’s AI, data centre exposure drives Nuvama’s Buy call; target implies 56% upside
Nuvama has initiated coverage on HFCL with a ‘Buy’ rating and a target price of Rs 380, implying a 56% upside from its reference price